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The ASX Casino - Weekly Shell List, page-4073

  1. GoldBugBob
    3,367 Posts.
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    17/09/20
    11:23
    Post #: 47413526
    RMP

    For those wanting a cheap and quality O&G yet to run. Cashed up and looking for acquisitions.

    $6.3M market cap with $4.6M in cash.
    $1.7M EV with no debt.

    https://hotcopper.com.au/data/attachments/2477/2477795-cef5de5b5f0b0c0226604636dab64b74.jpg

    Someone posted on the thread they are considering a gas well which I would be highly in favour of.

    If stocks with deposits in Central asia are moving 8-10x RMP is worth a shot.
    XEC Value at posting: 1,695.4
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    lightbulb Created with Sketch.  Great analysis
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